Mortgage Application helpHelp with mortgage application
Subscribe to the top of the application when you accept all the conditions set out above in the application. When you apply and have a partner, select the appropriate option if you use or do not use the partner's information for qualifying or not. Keep in mind to also have the co-debtor's mark when you use your marriage partner or another co-debtor's information about the application.
If you are uncertain or are trying to find out what amount of credit you are eligible for, just skip this field and ask the creditor to help you find this information. Your creditor will fill in the remainder of this field.
Verify the purposes of the loans and the types of real estate they will be covering, be it a main or second home or an Investment real estate. In the case of refinancing, please specify the year purchased, the acquisition costs, the amount of the deposit and the refinancing objective. Specify the name of the track and, if necessary, the deposit provider.
If you are unsure about the information, ask the creditor for help. It is the most important section for the creditor. In this section, try to be as comprehensive and precise as possible. Keep in mind to be as precise as possible, especially with the employer's details. It is used by the creditor to check your job.
Fill in all your earnings found through your present occupation in Section V. Remember to incorporate bonus, commission and other types of flexible work. In addition, please provide your latest rent or mortgage information under the heading "combined living expenses per month". This is important to keep as complete a listing as possible because it shows the creditor where your deposit comes from and your reserve for your next use.
Listing all properties currently in this area. This section does not cover you if you only wish to obtain pre-approval or prequalification for a mortgage. Only fill it in if you want to buy or re-finance a particular item of land and already know the amount of the sale and down payments.
Tick all appropriate checkboxes in Section VIII, Explanations to meet all state surveillance needs. In this section, please note to verify "Yes" for all failed claims or actual property holdings. If you do not fill out this section exactly, you may be charged with mortgage-related fraud. Subscribe to the application in Section IX, Confirmation and Agreement and confirm that you have completed this application correctly to the best of your ability.
Add any spill information to the last page of the application. Seek clarity from your creditor on any section that seems difficult to fill. Specific paragraphs, such as the Disclaimer paragraph, will be reviewed with your loan statement documents so that if the paragraph is not completed, the review procedure will end the application for you.
Supply your creditor with payslips, account balances and personal revenue declarations to help him close any gaps in your application. If you do not give the creditor precise information, this may result in your mortgage being inaccurately approved or rejected. Complete the application as precisely as possible, providing documents to the creditor and answering the creditor's question with honesty to get the most precise results from your application.